SNDK is currently trading at $1,240.10, down 12.2% over the past 24 hours, with open interest value reaching $190 million—an increase of approximately $54.78 million, or 40.6%, from $135 million in the same period. Funds have not exited amid the decline; instead, positions have been further added following the earnings report. The current hourly funding rate for SNDK is approximately +0.00409%, indicating continued bullish bias on new positions. Notably, the whale previously ranked #1 in SKHX long positions re-entered SNDK this afternoon. Within roughly 20 minutes, it accumulated 12,527.6 SNDK contracts, totaling $15.557 million in volume, with a weighted average entry price of $1,241.90. As of now, this address holds a 2x full-position long on SNDK, with a liquidation price of $88.1415—making it today’s largest new long position. No take-profit, stop-loss, or additional buy orders have been set yet. Whale address: 0xc8b527864ef2ad6dc49de7e99943a3a76ad48891 Join our on-chain smart money community for more whale alerts: https://www.aicoin.com/link/chat?cid=N6OVMor5g Telegram on-chain community: https://t.me/AiCoinWhaleData
SNDK short-term price drops 12.2%, whale adds $15.5M long position
AiCoinShare
Summary
SNDK price action shows a 12.2% drop over 24 hours, trading at $1,240.1. Open interest increased 40.6% to $190 million. A top whale added $15.5 million in long-term exposure, purchasing 12,527.6 contracts at $1,241.9. The position is 2x leveraged with a liquidation price of $88.1415.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.